Hi.
I am currently trying a purchase a property. I have taken occupation since august 26, and only after doing so, summons was delivered that the owner must attend high court for not paying his bond. We signed otp in June and had finance approved with condition that the building plan needs to be approved before bank lifts retention of funds. A clause also stipulated in otp is that the seller will continue to pay bond until transfer. What can I do in order to enforce that clause or use his breach of contract to re-negotiate paying occupational rent as now due to city council delays, the transfer attorney is instituting a clause for occup rent to be increase to 1% of purchase price.
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